Lido – Snark

A photorealistic, high-definition image portraying the metaphorical impact of Securities and Exchange Commission's actions on staking tokens in the crypto market, as affecting two pseudonymous digital services represented by symbols of a lighthouse (for Lido) and a rocket by a pool (for Rocket Pool). Imagine a background hinting at financial graphs and charts. Please do not include any recognizable logos or brands.

SEC Acts on Crypto Staking Tokens, Impacts Lido and Rocket Pool Services

30 June 2024Jason Greyson

In a controversial move, the U.S. Securities and Exchange Committee (SEC) has shifted its regulatory gaze towards the cryptocurrency sector, defining the staking services provided by Lido and Rocket Pool as securities. The determination relates to how these entities offer pooled ETH staking, which the SEC equates to investment contracts based on the likely profits […]